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EAGLE MATERIALS INC（EXP）与FEDERAL SIGNAL CORP（FSS）财务数据对比。点击上方公司名可切换其他公司
FEDERAL SIGNAL CORP的季度营收约是EAGLE MATERIALS INC的1.1倍（$597.1M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs 10.2%，领先8.3%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs -0.4%），FEDERAL SIGNAL CORP自由现金流更多（$89.5M vs $60.8M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs 8.0%）
Eagle Materials Inc.是总部位于美国得克萨斯州达拉斯的建筑材料生产企业，主营产品包括水泥、混凝土、建筑骨料、石膏、墙板、纸板以及水力压裂作业专用砂，产品广泛应用于建筑施工、能源开发等多个领域。
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
EXP vs FSS — 直观对比
营收规模更大
FSS
是对方的1.1倍
$556.0M
营收增速更快
FSS
高出26.9%
-0.4%
净利率更高
EXP
高出8.3%
10.2%
自由现金流更多
FSS
多$28.7M
$60.8M
两年增速更快
FSS
近两年复合增速
8.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $597.1M |
| 净利润 | $102.9M | $60.8M |
| 毛利率 | 28.9% | 28.4% |
| 营业利润率 | — | 14.0% |
| 净利率 | 18.5% | 10.2% |
| 营收同比 | -0.4% | 26.5% |
| 净利润同比 | -13.9% | 21.6% |
| 每股收益（稀释后） | $3.22 | $0.99 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收EXPFSS
| Q4 25 | $556.0M | $597.1M | ||
| Q3 25 | $638.9M | $555.0M | ||
| Q2 25 | $634.7M | $564.6M | ||
| Q1 25 | $470.2M | $463.8M | ||
| Q4 24 | $558.0M | $472.0M | ||
| Q3 24 | $623.6M | $474.2M | ||
| Q2 24 | $608.7M | $490.4M | ||
| Q1 24 | $476.7M | $424.9M |
净利润EXPFSS
| Q4 25 | $102.9M | $60.8M | ||
| Q3 25 | $137.4M | $68.1M | ||
| Q2 25 | $123.4M | $71.4M | ||
| Q1 25 | $66.5M | $46.3M | ||
| Q4 24 | $119.6M | $50.0M | ||
| Q3 24 | $143.5M | $53.9M | ||
| Q2 24 | $133.8M | $60.8M | ||
| Q1 24 | $77.1M | $51.6M |
毛利率EXPFSS
| Q4 25 | 28.9% | 28.4% | ||
| Q3 25 | 31.3% | 29.1% | ||
| Q2 25 | 29.2% | 30.0% | ||
| Q1 25 | 22.2% | 28.2% | ||
| Q4 24 | 31.9% | 28.1% | ||
| Q3 24 | 32.7% | 29.6% | ||
| Q2 24 | 30.7% | 29.4% | ||
| Q1 24 | 25.1% | 27.3% |
营业利润率EXPFSS
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | 32.8% | 14.9% | ||
| Q3 24 | 34.2% | 16.0% | ||
| Q2 24 | 32.0% | 16.5% | ||
| Q1 24 | 26.9% | 12.8% |
净利率EXPFSS
| Q4 25 | 18.5% | 10.2% | ||
| Q3 25 | 21.5% | 12.3% | ||
| Q2 25 | 19.4% | 12.6% | ||
| Q1 25 | 14.1% | 10.0% | ||
| Q4 24 | 21.4% | 10.6% | ||
| Q3 24 | 23.0% | 11.4% | ||
| Q2 24 | 22.0% | 12.4% | ||
| Q1 24 | 16.2% | 12.1% |
每股收益（稀释后）EXPFSS
| Q4 25 | $3.22 | $0.99 | ||
| Q3 25 | $4.23 | $1.11 | ||
| Q2 25 | $3.76 | $1.16 | ||
| Q1 25 | $2.01 | $0.75 | ||
| Q4 24 | $3.56 | $0.80 | ||
| Q3 24 | $4.26 | $0.87 | ||
| Q2 24 | $3.94 | $0.99 | ||
| Q1 24 | $2.23 | $0.84 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $419.0M | $63.7M |
| 总债务越低越好 | — | $564.6M |
| 股东权益账面价值 | $1.5B | $1.4B |
| 总资产 | $3.8B | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资EXPFSS
| Q4 25 | $419.0M | $63.7M | ||
| Q3 25 | $35.0M | $54.4M | ||
| Q2 25 | $59.7M | $64.7M | ||
| Q1 25 | $20.4M | $57.5M | ||
| Q4 24 | $31.2M | $91.1M | ||
| Q3 24 | $93.9M | $73.7M | ||
| Q2 24 | $46.5M | $48.6M | ||
| Q1 24 | $34.9M | $48.9M |
总债务EXPFSS
| Q4 25 | — | $564.6M | ||
| Q3 25 | — | $201.2M | ||
| Q2 25 | — | $258.3M | ||
| Q1 25 | $1.2B | $266.9M | ||
| Q4 24 | — | $204.4M | ||
| Q3 24 | — | $223.3M | ||
| Q2 24 | — | $248.8M | ||
| Q1 24 | $1.1B | $266.8M |
股东权益EXPFSS
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.5B | $1.2B | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.4B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $1.3B | $1.0B |
总资产EXPFSS
| Q4 25 | $3.8B | $2.4B | ||
| Q3 25 | $3.4B | $1.9B | ||
| Q2 25 | $3.4B | $1.9B | ||
| Q1 25 | $3.3B | $1.9B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $3.1B | $1.7B | ||
| Q2 24 | $3.0B | $1.7B | ||
| Q1 24 | $2.9B | $1.7B |
负债/权益比EXPFSS
| Q4 25 | — | 0.41× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | 0.86× | 0.22× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | 0.84× | 0.26× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $170.8M | $97.2M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $89.5M |
| 自由现金流率自由现金流/营收 | 10.9% | 15.0% |
| 资本支出强度资本支出/营收 | 19.8% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.66× | 1.60× |
| 过去12个月自由现金流最近4个季度 | $231.8M | $227.1M |
8季度趋势，按日历期对齐
经营现金流EXPFSS
| Q4 25 | $170.8M | $97.2M | ||
| Q3 25 | $204.6M | $61.1M | ||
| Q2 25 | $136.6M | $59.7M | ||
| Q1 25 | $62.8M | $36.7M | ||
| Q4 24 | $119.9M | $90.6M | ||
| Q3 24 | $233.3M | $68.8M | ||
| Q2 24 | $132.6M | $40.6M | ||
| Q1 24 | $63.4M | $31.3M |
自由现金流EXPFSS
| Q4 25 | $60.8M | $89.5M | ||
| Q3 25 | $96.1M | $54.1M | ||
| Q2 25 | $60.5M | $52.4M | ||
| Q1 25 | $14.5M | $31.1M | ||
| Q4 24 | $72.5M | $82.1M | ||
| Q3 24 | $166.8M | $60.9M | ||
| Q2 24 | $99.5M | $24.8M | ||
| Q1 24 | $30.9M | $22.9M |
自由现金流率EXPFSS
| Q4 25 | 10.9% | 15.0% | ||
| Q3 25 | 15.0% | 9.7% | ||
| Q2 25 | 9.5% | 9.3% | ||
| Q1 25 | 3.1% | 6.7% | ||
| Q4 24 | 13.0% | 17.4% | ||
| Q3 24 | 26.7% | 12.8% | ||
| Q2 24 | 16.3% | 5.1% | ||
| Q1 24 | 6.5% | 5.4% |
资本支出强度EXPFSS
| Q4 25 | 19.8% | 1.3% | ||
| Q3 25 | 17.0% | 1.3% | ||
| Q2 25 | 12.0% | 1.3% | ||
| Q1 25 | 10.3% | 1.2% | ||
| Q4 24 | 8.5% | 1.8% | ||
| Q3 24 | 10.7% | 1.7% | ||
| Q2 24 | 5.4% | 3.2% | ||
| Q1 24 | 6.8% | 2.0% |
现金转化率EXPFSS
| Q4 25 | 1.66× | 1.60× | ||
| Q3 25 | 1.49× | 0.90× | ||
| Q2 25 | 1.11× | 0.84× | ||
| Q1 25 | 0.94× | 0.79× | ||
| Q4 24 | 1.00× | 1.81× | ||
| Q3 24 | 1.63× | 1.28× | ||
| Q2 24 | 0.99× | 0.67× | ||
| Q1 24 | 0.82× | 0.61× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
